Penalty proceedings u/s.271(1)(c) - This judgment of Hon'ble ...
Supreme Court: No Penalty u/s 271(1)(c) of Income Tax Act Due to Bona Fide Belief in 2009 Case.
June 27, 2018
Case Laws Income Tax AT
Penalty proceedings u/s.271(1)(c) - This judgment of Hon'ble Supreme Court had come after the closure of the financial year 31st March, 2009. Thus, at the time of filing of return of income assessee did have a bonafide belief - No penalty.
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